The oversight responsibility for sustainability at Varma is excercised by Varma’s Board of Directors. The Board decides on the principles and policies related to sustainability, as well as on the sustainability programmes to support the strategy. The Board approves and addresses the guiding principles and policies of sustainability, and the sustainability programme.
Varma’s Executive Group addresses and approves the high-level sustainability targets annually. The Executive Group also discusses all major projects and decisions relating to the development of sustainability. The sustainability goals set for Varma’s functions are approved as part of the function’s goals or separately by the function’s executive group.
The Investment Committee addresses and approves the responsible investment principles and policies that are presented to the Board of Directors. The committee also monitors the investment risks related to responsibility, such as climate change related risks, and also evaluates violations of international agreements and norms.